UNSPSC 64111500: Equity based securities

Financial instruments representing an ownership interest in an entity or pool of assets

UNSPSC 64111500 Equity based securities is a Class code that encompasses state and local government procurement of financial advisory, transaction, and custody services supporting debt issuance, investment management, and asset safekeeping. Rather than purchasing securities directly, state and local bodies buy underwriting services, arbitrage compliance consulting, banking and custodial services, and program administration tied to debt offerings and managed investment vehicles. Issuing bodies include county finance departments, state treasury and comptroller offices, water and transit authorities, school districts, and municipalities. Recent solicitations show treasury departments and financial authorities seeking specialized expertise in tax-exempt bond compliance, commercial paper liquidity provision, and cryptocurrency custody infrastructure alongside traditional banking and custodial support.

Activity spans multiple states with concentration in Texas and Florida. The Texas Water Development Board and Texas Comptroller of Public Accounts have posted RFQs for arbitrage compliance services (RFQ 580-26-RFQ-0016, due May 28, 2026) and cryptocurrency custody and liquidity services for the Strategic Bitcoin Reserve (RFP 908-26-1778WS, due July 10, 2026). Broward County Finance and Administrative Services Department issued an RFP for Master Banking Services (GEN2131264P1, due October 13, 2026) spanning lockbox, merchant card, purchasing card, treasury, and third-party custodian services with scope including $150 million in annual merchant card volume and $7 billion in investment securities under management; the pre-proposal meeting drew 42 representatives from 18 vendors including JPMorgan Chase, Wells Fargo Bank, and UMB Bank. The City of Dallas solicited Commercial Paper Liquidity Providers (BEZ2600030089, due May 22, 2026) for three capital improvement programs with combined authorization up to $775 million. Additional opportunities include Okaloosa County's arbitrage consulting RFQ (ITQCOC6026, due July 15, 2026), Manor Independent School District's underwriting services RFQ (27001RFQ, due July 27, 2026), and the Washington Saves Governing Board's Program Administration and Investment Management RFQ (202701, due October 9, 2026) for state-facilitated auto-IRA services launching July 1, 2027.